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Russian-American Relations

  • Russian-American Business Cooperation

    Despite the initiative of the former Obama administration to impose a freeze on the activities of the bilateral Presidential commission as well as a series of the U.S. sanctions aimed at Russian individuals and legal entities, business contacts among our countries continue. Russian companies still develop their businesses in the United States and American firms are interested in keeping their positions in Russia, especially after the launch of the Eurasian Economic Union.
    Meanwhile, the bilateral U.S.-Russia trade has always been insignificant and does not reflect both existing potential and interests of our countries. According to the data of the Russia’s Federal Customs Service, in 2016 the bilateral turnover of goods between Russia and the United States decreased by 4.5%, as compared to 2015, and totaled 19.97 billion dollars. Russian export to the United States was 9.3 billion dollars, while American import to Russia amounted to 10.7 billion dollars. According to data for January-May this year, the bilateral trade, as against the first five months of 2015, increased by 25% and totaled 8.7 billion dollars. Russian export to the U.S. rose by 24.5% reaching 4 billion dollars, while import grew up to 24.8% and equaled to 4.8 billion dollars.
    Russian export to the United States is prevailed by metals and metal products (aluminum, cast iron, semi-processed iron goods, titanium) – 34.5%, oil products - 32.4%, chemicals - 15.6%, cars, machinery and transportation vehicles - 4.9%, pearls, precious stones and metals – 8.6%, etc. Leading import items from the U.S. are cars, machinery and transportation vehicles - 72.2% (including civil aircrafts and engines, cars, parts and motor vehicles accessories, etc.), products of chemical industry - 15.7%, grocery and agricultural raw materials - 4.7%, metals and metal goods - 3.4%, etc. The United States are the 6th largest trade partner of the Russian Federation.
    Investment cooperation is under way. According to the data of the Russia’s Central Bank, by the end of 2016 the flow of direct investment from the U.S. to Russia amounted to 403 million dollars, while from Russia to the U.S. - 873 million. In 2016 total Russian direct investments in the U.S. were estimated at 8.69 billion dollars, and American investments in Russia - at 2.2 billion dollars.
    Russian investments in the U.S. are predominantly placed in the steel industry and in oil and gas sector. Meanwhile, U.S. direct investments in Russia are mainly allocated in manufacturing industry, oil and gas, wholesale and retail commerce, grocery production and car manufacturing, transportation and telecommunications, financial services, real estate, leasing and other services. American companies express particular interest in developing investment cooperation with those of Russian regions rich in natural resources or where major producers of chemical, steel, aerospace and automotive industries are present. Joint projects on localization of pharmaceuticals are on the rise. Almost 3 thousand companies with U.S. capital with cumulative assets amounting to 75 billion dollars operate in Russia, employing about 180 thousand people.

  • Russian-American Relations

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    Russian-American relations are struggling through their most difficult period since the end of the Сold war. The former Administration of President Obama did everything possible to strain them. Under the pretext of the Ukrainian crisis it made a number of confrontational steps. It shut down most channels of cooperation including the Presidential Commission (21 working groups). It imposed several waves of sanctions and restrictions on exports to Russia. It expanded measures of military and political deterrence. It tried to isolate us on the global arena. It launched an anti-Russian propaganda campaign.
    The pursuit of normalizing bilateral relations initiated by the Trump Administration met immediate stiff resistance from Russophobic elites in the U.S., who without evidence blame our country for an alleged meddling in the U.S. election process. All this is further contaminating the spirit of Russian-American bilateral ties.
    Such negative dynamics meet neither Russian, nor U.S. interests. They also don’t address the goal of ensuring international peace and security, supporting strategic stability consistent with special responsibilities of our countries. Russia will never back down from its legitimate interests and we accept cooperation as long as it is based on principles of equality, mutual respect and non-interference in each other’s domestic affairs. Nevertheless, we have always been and are still ready for an open and frank dialogue with the U.S. on all bilateral and international issues.
    Despite the challenges in our relations, the high-level contacts remain. In July 2017, the first meeting between President of the Russian Federation Vladimir Putin and President of the United States of America Donald Trump took place on the sidelines of the G-20 Summit in Hamburg. Several telephone conversations between the Presidents were held prior to their meeting. In April, 2017, Vladimir Putin met with the Secretary of State Rex Tillerson. In his turn, Russian Foreign Minister Sergei Lavrov met with U.S. President Donald Trump in Washington in May, 2017. Several meetings and telephone conversations were also held between Sergei Lavrov and Rex Tillerson.
    Implementation of several dozen intergovernmental and interdepartmental Russian-American agreements in various areas still continues. One of them is the 2010 Treaty on Measures for the Further Reduction and Limitation of Strategic Offensive Arms, which plays an important role in ensuring global strategic stability.
    Should the Administration of President Trump really be ready to seek mutual approaches to resolving common problems, we will respond with reciprocity. We are ready to work together in the areas of shared Russian-American interest. It includes the fight against terrorism, non-proliferation of weapons of mass destruction, regional conflict resolution, facilitation of economic growth, climate change and many others. Such cooperation could be beneficial not only to the Russians and the Americans, but to the entire global community.
    At the same time we will continue to push the U.S. authorities to address the bilateral problems caused by Washington over the recent years. We strive to end the hunt for the Russian citizens in third countries by the U.S. law enforcement agencies. We will continue to devote special attention to protecting the rights of the adopted children from Russia, who have been abused by American foster parents.